BGF Retail Receives Presidential Citation at the 28th Korea Distribution Awards

BGF Retail announced on the 22nd that it received the highest award, the Presidential Citation, at the 28th Korea Distribution Awards held on the 21st at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul.

The Korea Distribution Awards is an event hosted by the Ministry of Trade, Industry and Energy and jointly organized by the Korea Chamber of Commerce and Industry, recognizing companies that create a culture of innovation across the distribution industry and generate social value, thereby promoting these achievements throughout society.

BGF Retail applied in the ESG Expansion category among the 10 categories of the Korea Distribution Awards. It was recognized for practicing ESG management for over five years under the motto "BGF, a Good Friend to the Earth and Society," responding to social demands and value pursuits related to ESG, and creating positive ripple effects both internally and externally, earning the Presidential Citation.

BGF Retail has set mid- to long-term ESG management goals including building an eco-friendly value chain, fostering a co-growth ecosystem, and promoting healthy and happy lives, and is systematically implementing these goals.

Under the company-wide eco-friendly slogan Be Green Friends, BGF Retail introduced Green Stores certified by the Ministry of Environment as green stores to the industry and is testing optimal eco-friendly facility solutions.

Additionally, to reduce carbon emissions generated throughout logistics activities, BGF Retail installed about 1,000 LED floodlights and other eco-friendly equipment and fixtures last year, and since 2020, it has been producing renewable energy by installing 2,400 solar modules on the rooftop of its logistics center.

Moreover, BGF Retail applied biodegradable resin (PLA) materials for packaging containers of sandwiches, kimbap, and other products, reducing approximately 195 tons of plastic over the past year. Since 2021, it has operated the Mu(無)ra Bell PB bottled water brand, reducing about 35 tons of film just last year. The company is also actively working on waste management, implementing eco-friendly campaigns, and establishing a culture of not using disposable products.

Last month, despite the Ministry of Environment extending the regulatory guidance period for banning disposable products, convenience store CU continues to contribute to reducing disposable products by maintaining the use of paper straws to reduce plastic.

Min Seung-bae, CEO of BGF Retail, said, “Going forward, BGF Retail will continue to uphold the belief of being ‘a good friend to our society’ and strive together with employees and franchise owners to realize greater social value.”

This content was produced with the assistance of AI translation services.